Trump Signs Russia Sanctions Act: India Faces 100% Tariff Threat Over Russian Oil | News18
US President Donald Trump has signed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, giving his administration expanded powers to impose sanctions and tariffs over Russian energy purchases. The law authorises tariffs of up to 100% on countries that continue significant purchases of Russian oil and gas, potentially including major buyers such as India and China.Importantly, the law does not automatically impose a 100% tariff on India. Instead, it creates a legal mechanism allowing the Trump administration to decide whether to impose tariffs, at what rate and on which countries among major Russian-energy buyers. n18oc_breaking-newsn18oc_india CNN-News18 is your trusted source for breaking news, updates, and in-depth analysis from around the world. CNN-News18 is dedicated to bringing you the latest news, trends, and insights, helping you stay informed and up-to-date. Subscribe Now and join our community of informed and engaged viewers. Follow Every Breaking Story LIVE Watch News18 LIVE 24x7: https://youtube.com/live/rfDx1HMvXbQFollow us on Google: news18.co/cn18gFollow CNN News18 on X: https://x.com/CNNnews18Follow CNN News18 on Instagram: https://www.instagram.com/cnnnews18/Follow CNN News18 on Facebook: facebook.com/cnnnews18 with latest headlines on politics, sports and entertainment on news18.comNews18 Mobile App - https://onelink.to/desc-youtube